The policies that made the global monarchs so rich are the policies squeezing everyone else. This is not what the theory predicted. Friedrich Hayek, Milton Friedman and their disciples – in a thousand business schools, the IMF, the World Bank, the OECD and just about every modern government – have argued that the less governments tax the rich, defend workers and redistribute wealth, the more prosperous everyone will be. Any attempt to reduce inequality would damage the efficiency of the market, impeding the rising tide that lifts all boats. The apostles have conducted a 30-year global experiment, and the results are now in. Total failure.

As always this single side sounds well & good enough until you look closer. Sub-Sahara Africa, middle East, Amazonian South America have all been embroiled in war, government take-over of residents’ land & in our country a level of corporate GREED unseen in mankind’s history! Bankers & white-collar crimes go unpunished & seems to be in bed with50% of our lawmakers.
I am not rich & feel relieved that others are finally getting improvements in their lives. I’d gladly give-up my next few raises to help, but the rich can’t seem to stop themselves.
Capitalism is NOT democracy ! Russia is our latest example of that! Corporations are NOT people, but people are corporations; & until those corporate investors stand-up or divest on “moral” grounds atrocities blamed on oblique reasoning will continue as will our global cast system.